Adcon Capital Services logo

Adcon Capital Services MD, chairman, board of directors and AGM

BSE: 539506FinanceSmall Cap

Last close ₹0.49up ₹0.05 (11.36%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹0.44.

52-week range of traded prices to 23 Oct 2026
₹0.40Low, 25 Feb 2026₹1.05High, 29 Oct 2025
Market cap
₹9.72 Cr4,647th largest listed
P/E
Lossover the last 12 months
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
−6.3%
ROCE
−3.5%
Debt to equity
0.00
Volume, BSE
3,35,961

Adcon Capital Services board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorPiyush Saraf

5 directors3 independent2 executive

  • Piyush Saraf · Chairperson and managing directorExecutive · joined Jan 2022 · 2 listed boards · 1 as independent · 2 committee seats, 3 as chair
  • Jay Bharatkumar ShahExecutive · joined Jul 2024 · 1 listed board · 1 as independent
  • Suman DasIndependent · joined Jan 2022 · 50 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 1 as chair
  • Rajeswari BangalIndependent · joined Jan 2022 · 50 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 3 as chair
  • Yesha ShahIndependent · joined Jul 2024 · 23 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 29 May 20265 of 5 present3 independent · 23 days in between
    • 5 May 20265 of 5 present3 independent · 79 days in between
    • 14 Feb 20265 of 5 present3 independent
  • Audit Committee

    Chair Rajeswari Bangal

    Piyush Saraf, Yesha Shah

    • 29 May 20263 of 3 present2 independent · 103 days in between
    • 14 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Rajeswari Bangal

    Yesha Shah, Suman Das

    • 5 May 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair Suman Das

    Piyush Saraf, Yesha Shah

    • 29 May 20263 of 3 present2 independent · 103 days in between
    • 14 Feb 20263 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Maheshwari & CoPeer-review certificate valid to Feb 2029

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Adcon Capital Services AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Adcon Capital Services share news and announcements

Annual general meeting, 30 Sep 2026

73,150 shareholders on the register on 23 Sep 2026; present: 0 promoters and 32 others; votes counted by Nishant Bajaj / M/s. Nishant Bajaj & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.01%

    Turnout: all 0.18% · promoters 0.00% · institutions 0.00% · other public 0.18%

  2. To re-appoint Mr. Piyush Saraf (DIN: 02578675), who is retiring by rotation and being eligible offers himself for re-appointment
    Ordinary
    97.89% for2.11% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.11%

    Turnout: all 0.18% · promoters 0.00% · institutions 0.00% · other public 0.18%

  3. To Re-Appoint Mr. Suman Das As Non-Executive Independent Director of the Company
    Special
    97.91% for2.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.09%

    Turnout: all 0.18% · promoters 0.00% · institutions 0.00% · other public 0.18%

  4. To Re-Appoint Ms. Rajeshwari Bangal As Non-Executive Independent Director of the Company
    Special
    97.91% for2.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.09%

    Turnout: all 0.18% · promoters 0.00% · institutions 0.00% · other public 0.18%

  5. To increase in the authorised share capital of the company
    Ordinary
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.01%

    Turnout: all 0.18% · promoters 0.00% · institutions 0.00% · other public 0.18%

  6. To Alteration of Share Capital Clause of Memorandum of Association
    Ordinary
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.01%

    Turnout: all 0.18% · promoters 0.00% · institutions 0.00% · other public 0.18%

  7. To appointment of Secretarial Auditor of the company
    Ordinary
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.01%

    Turnout: all 0.18% · promoters 0.00% · institutions 0.00% · other public 0.18%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.